Economic Activities and Status of Legal Entities
Abstract
The article deals with the aspects of the dependence of the legal status of legal entities on their economic indicators. In the context of discussions about the problems of ensuring the differentiation (flexibility) of the legal regulation of economic activity, a key question is raised about the construction of legal norms that link economic indicators with the legal status of legal entities. In this regard, some legally significant economic indicators are analyzed and the possibility of their constant accounting and monitoring is studied, and some examples demonstrate the relationship of economic indicators with legal consequences that determine the legal status. The purpose of the study is to formulate research provisions: on the functional dependence of the legal status of legal entities on economic indicators; on the legal and individual regulation of economic activity, where economic indicators should be considered; on the construction of flexible norms of law that link the economic indicators of legal entities with the consequences that determine their legal status. When writing the article, the author applied both general scholar methods (systemic, game theory, functional, a group of formal logical methods: deduction, induction, analysis, synthesis, etc.) and special legal methods (formal legal, comparative legal, economic analysis of law, legal modeling method). The paper concludes that there is a need for a consistent and systematic differentiation of the legal regulation of the economic activity of legal entities. A functional approach to the construction of legal norms is substantiated, in which the norm is considered as a dependence (function) of certain legal consequences, enshrined in dispositions or sanctions that determine the legal status of legal entities, on economic indicators that are achieved by legal entities because of their activities. A unified system for disclosing information about legal entities is proposed, based on which it would be possible to record economic indicators of legal entities within one information resource. The applied value of the relationship between economic indicators and the legal status of legal entities is shown by examples of regulation of corporate relations, insolvency, and individual state regulation of economic activity.
References
Agarkov M.M. (1940) Obligation under Soviet civil law. Moscow: People's Commissariat of Justice, 192 p. (in Russ.)
Andreev V.K. (2016) Legal entities as subjects of economic activity. Zhurnal rossiyskogo prava=Journal of Russian law, no. 5, pp. 35-44 (in Russ.)
Berle Jr. A., Means G. (1933) Modern Corporation and Private Property. N.Y.: Macmillan, 396 p.
Bratus S.N. (1954) Role of Soviet law in development of industrial relations. Moscow: Znanie, 24 p. (in Russ.)
Chernenko V.D. (2003) Higher mathematics textbook. Saint Petersburg: Politekhnika, 703 p. (in Russ.)
Degterev D.A. (2021) Game and theoretic approach in law. Moscow: Lenand, 240 p. (in Russ.)
Dignam A., Lowry J., Riley C. (2016) Company Law. London: University Press, 226 p. DOI: https://doi.org/10.1093/he/9780198753285.001.0001
Dmitriev O.N. (2020). Conceptual idea to optimize institutional typological series of organization and forms of legal entities. Amazonia Investiga, vol. 9, no. 26, pp. 432-441. DOI: https://doi.org/10.34069/AI/2020.26.02.50
Dolinskaya V.V. (2012) Legal status and legal personality. Zakony Rossii: opyt, analiz, praktika=Laws of Russia: experience, analysis, practice, no. 2, pp. 6-17 (in Russ.)
Ermolova O.N., Shvarts L.V. (2012) Influence of economic characteristics of business entities on their legal status. Zakony Rossii: opyt, analiz, praktika=Laws of Russia: experience, analysis, practice, no. 2, pp. 55-60 (in Russ.)
Ershov V.V., Ashmarina E.M., Kornev V.N. (2017) Economic law of the Russia. Moscow: Russian Justice University, 283 p. (in Russ.)
Ershova I.V. (2016) Economic activity: concept and correlation with related categories. Lex Russica, no. 9, pp. 46-61 (in Russ.)
Foss A. (2009) The essence of mathematics. Moscow: Libricom, 120 p. (in Russ.)
Gadzhiev G.A. (2018) The principle of equal ownership and parity (elastic) legal protection. Civil law: modern issues of doctrine, legislation, practice. Collection of articles. Moscow: Statut, pp. 132-150 (in Russ.)
Glushetsky A.A. (2017) Authorized capital: stereotypes and their overcoming. Economic analysis of corporate law norms. Moscow: Statut, 184 p. (in Russ.)
Golubtsov V.G., Kondratieva K.S., Syropyatova N.V. (2014) Ensuring the balance of private law and public law regulation in the process of bankruptcy prevention using measures for stimulating debtor to fulfill obligations. Vestnik Permskogo Universiteta=Herald of Perm University, no. 2, pp. 62-74 (in Russ.)
Greenfield K. (2006) The failure of corporate law: fundamental flaws and progressive possibilities. Chicago: University Press, 288 p. DOI: https://doi.org/10.7208/chicago/9780226306988.001.0001
Gubernatorov A.M. (ed.) (2016) Corporate finance. Moscow: Norma, 399 p. (in Russ.)
Gubin E.P. (2019) Not to prioritize legal traditions, but to solve economic problem. Zakon=Statute, no. 3, pp. 8-18 (in Russ.)
Hume D. (1996) Treatise on human nature. Moscow: Mysl, 734 p. (in Russ.)
Karapetov A.G. (2018) Economic analysis of law. Moscow: Statut, 528 p. (in Russ.)
Kirpichev A.E. (2018) Entrepreneurial obligations of subjects of public sector of economy. Doctor of Juridical Sciences Thesis. Moscow, 499 p. (in Russ.)
Khabrieva T. Ya., Lukyanova V. Yu. (2016) Law and economic activity. Obschestvennye nauki i sovremennost=Social Sciences and Modernity, no. 3, pp. 5-21 (in Russ.)
Kondratiev V.A. (2016) The experience of business entities as a criterion for determining winner of a tender. Imuschestvennye otnoshenia v Rossii=Property relations in Russia, no. 10, pp. 6-12 (in Russ.)
Korshunova L.N., Prodanova N.A. et al. (2019) Basics of financial management. Moscow: Norma, 228 p. (in Russ.) DOI: https://doi.org/10.12737/textbook_5d3961a55db7f9.62246330
Langvardt J. et al. (2019). Business Law: Ethical, Global, and E-Commerce Environment. N.Y.: McGraw-Hill, 1527 p.
Luhmann N. (2004) Law as a social system. N.Y.: Oxford University Press. 498 p. DOI: https://doi.org/10.1093/oso/9780198262381.001.0001
Miftakhutdinov R.T., Shaydullin A.I. (2020) Decrease in the order (subordination) of claims of the controlling debtor or persons affiliated with him in Russian bankruptcy law. Vestnik ekonomicheskogo pravosudia-Herald of Economic Justice, no. 9, pp. 3-136 (in Russ.)
Nogal-Meger P. (2018) The quality of business legal environment and its relation with business freedom. International Journal of Contemporary Management, vol. 17, no. 2, pp. 111-136. DOI: https://doi.org/10.4467/24498939IJCM.18.021.8545
Odintsova M.I. (2020) Economics of law. Moscow: Yurait, 345 p. (in Russ.)
Pirogova E.S., Kurbatov A. Ya. (2012) Restriction of legal capacity of legal entities-debtors in framework of insolvency (bankruptcy) cases. Saratov: KUBiK, 128 p. (in Russ.)
Shitkina I.S. (2019) Importance of the reform of the institution of major transactions and related party transactions for theory and practice. Zakon=Statute, no. 12, pp. 120137 (in Russ.)
Smirnov V.I. (1974) Course of higher mathematics. Moscow: Nauka, 479 p. (in Russ.)
Stepanov D.I. (2016) Economic analysis of corporate law. Vestnik ekonomicheskogo pravosudia=Herald of Economic Justice, no. 9, pp. 104-167 (in Russ.)
Sukhanov E.A. (2014) Comparative corporate law. Moscow: Statut, 456 p. (in Russ.)
Sukhanov E.A. (ed.) (2019) Civil law. Moscow: Statut, 576 p. (in Russ.)
Syrykh V.M. (2011) Materialistic theory of law: selected works. Moscow: Norma, 1259 p. (in Russ.)
Vitols S. (2011) What is the sustainable company? In: The sustainable company: a new approach to corporate governance. S. Vitols and N. Kluge (eds.). Brussels: ETUI, 265 p.
Vitruk N.V. (2012) Categories of individual legal status in a socialist society. Selected works. Moscow: Russian Academy of Justice, 641 p. (in Russ.)
Copyright (c) 2022 Law Journal of the Higher School of Economics
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
